PHILIPPINES: Sales rise the first since October

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Vehicle sales in the Philippines rose by 1.1% year on year in March to 10,746 units, from 10,625 units, according to data released by the Chamber of Chamber of Automotive Manufacturers of the Philippines (CAMPI). This is the first year-on-year rise for this market since last October and is a sign that the domestic economy remains reasonably stable despite a sharp decline in exports. Full story...